Netflix (NASDAQ:NFLX) Shares Up 1.5% – Still a Buy?

Netflix, Inc. (NASDAQ:NFLX)’s share price was up 1.5% during mid-day trading on Thursday . The company traded as high as $94.82 and last traded at $94.09. Approximately 43,408,164 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 40,736,176 shares. The stock had previously closed at $92.71.

Analyst Ratings Changes

Several brokerages have commented on NFLX. UBS Group set a $142.00 target price on Netflix in a research note on Monday. Pivotal Research downgraded shares of Netflix from a “buy” rating to a “hold” rating and dropped their price objective for the company from $160.00 to $105.00 in a research note on Monday, December 8th. Wall Street Zen lowered shares of Netflix from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Needham & Company LLC reiterated a “buy” rating and set a $150.00 price target on shares of Netflix in a report on Tuesday. Finally, BMO Capital Markets restated an “outperform” rating on shares of Netflix in a research report on Monday, December 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $130.87.

Netflix Price Performance

The company has a fifty day simple moving average of $110.58 and a 200 day simple moving average of $118.30. The stock has a market capitalization of $403.35 billion, a price-to-earnings ratio of 39.76, a P/E/G ratio of 1.39 and a beta of 1.71. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $5.18. The company had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.52 billion. Netflix had a return on equity of 41.86% and a net margin of 24.05%.The firm’s revenue was up 17.2% compared to the same quarter last year. During the same period last year, the company earned $0.54 earnings per share. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. Equities research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Gregory K. Peters sold 20,270 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total transaction of $2,220,943.36. Following the transaction, the chief executive officer owned 127,810 shares in the company, valued at approximately $14,003,886.08. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Cletus R. Willems sold 2,380 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $110.03, for a total value of $261,878.54. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,619,840 shares of company stock worth $181,648,613 over the last ninety days. 1.37% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NFLX. BG Investment Services Inc. purchased a new stake in shares of Netflix during the second quarter worth approximately $338,000. MRA Advisory Group boosted its position in shares of Netflix by 28.4% during the second quarter. MRA Advisory Group now owns 919 shares of the Internet television network’s stock worth $1,231,000 after buying an additional 203 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in Netflix by 42.1% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 441,861 shares of the Internet television network’s stock valued at $412,059,000 after acquiring an additional 130,946 shares in the last quarter. Sava Infond d.o.o. grew its holdings in shares of Netflix by 25.1% during the second quarter. Sava Infond d.o.o. now owns 1,495 shares of the Internet television network’s stock valued at $2,002,000 after buying an additional 300 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. boosted its position in shares of Netflix by 1.4% in the second quarter. McGlone Suttner Wealth Management Inc. now owns 989 shares of the Internet television network’s stock worth $1,324,000 after purchasing an additional 14 shares during the period. 80.93% of the stock is owned by institutional investors.

About Netflix

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.